The open-floor-plan residence (complete with vanishing walls) is to include an impressive foyer with 15-foot chandelier statement-piece and an airy master bedroom with sitting area and oversized His and Hers. Five additional bedrooms, each with ensuite bath, ensure houseguests’ privacy and comfort. Personal chefs will enjoy the aptly named chef’s kitchen—or work toward your own Michelin Star. Entertain in an elegant full dining space. Don’t forget to tour the controlled-temperature wine cellar. (The residence also is to include a formal living room, family room and theater, exercise room with indoor spa and sauna both, maids quarters, and elevator.)

An outdoor oasis (which lends its name) spotlights an infinity pool with Wilshire Corridor views, plus jacuzzi. Accenting water features and wet walls make a dramatic backdrop. And decks highlight each of the residence's three cascading tiers.

This rare-find fully approved and permitted trophy estate will sit among the world's most expensive properties—and it will make a statement.